Coen Brothers to Script Tom Hanks-Steven Spielberg's Cold War Drama

Marc Platt will produce with Spielberg. The Coen Brothers, who won screenwriting Oscars for "Fargo" and "No Country for Old Men," are revising Matt Charman's script.

The untitled project is based on the true story of James Donovan, who Hanks will portray. Donovan was the American attorney enlisted by the CIA during the Cold War to surreptitiously negotiate the 1962 release of Francis Gary Powers, the U-2 spy plane pilot who was shot down over Russia two years earlier.

Spielberg is also considering directing the DreamWorks-Fox co-production "Robopocalypse" and the historical drama "Montezuma," which Steve Zaillian is penning. Additionally, he's committed to directing an adaptation of Roald Dahl's "The BFG" for DreamWorks,

Hanks and Spielberg have worked together on three films: "Saving Private Ryan," "Catch Me if You Can" and "The Terminal."

The Coen Brothers directed "Inside Llewyn Davis" from their own script and wrote the script for Angelina Jolie's World War II drama "Unbroken."